Business ProfileforElliott Financial Group Inc
Current Alerts For This Business
The following describes a government action that has been resolved by either a settlement or a decision by a court or administrative agency. If the matter is being appealed, it will be noted below.
On May 6, 2022, Todd Elliot and Elliot Financial Group Inc entered into an Order to Cease and Desist, Order for Restitution, Order of Revocation, Order for Administrative Penalties and Consent to Same with the Arizona Corporation Commission. The order settles allegations that the business offered or sold securities that were neither registered nor exempt from registration, offered or sold securities while neither registered as a dealer or salesman nor exempt from registration, made untrue statements or misleading omission of material facts and engaged in transactions, practices, or courses of business that operate or would operate as a fraud or deceit. Under terms of the order, the business agreed to permanently cease and desist from violating the Securities Act and the Investment Management Act. The business shall pay restitution in the amount of $805,662.68, pay an administrative penalty in the amount of $75,000. The proposed order also revoked Mr. Elliott's license as an investment adviser representative.
This action is final.
At-a-glance
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Overview
Business Details
- Location of This Business
- 18001 N 79th Ave Ste A15, Glendale, AZ 85308-8398
- BBB File Opened:
- 1/15/2004
- Years in Business:
- 20
- Business Started:
- 1/13/2004
- Business Started Locally:
- 1/13/2004
- Business Incorporated:
- 7/19/2007
- Licensing Information:
- This business is in an industry that may require professional licensing, bonding or registration. BBB encourages you to check with the appropriate agency to be certain any requirements are currently being met.
- Type of Entity:
- Corporation
- Business Management
- Mr. Todd R Elliott, Owner
- Contact Information
Principal
- Mr. Todd R Elliott, Owner
Customer Contact
- Mr. Todd R Elliott, Owner
- Additional Contact Information
Fax Numbers
- (623) 334-3701Primary Fax
Phone Numbers
- (877) 525-9336Other Phone
Email Addresses
- Primary
- (623) 334-3701
Customer Complaints
1 Customer Complaints
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File a ComplaintMost Recent Customer Complaint
02/17/2022
- Complaint Type:
- Product Issues
- Status:
- Answered
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